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"(Thursday), we concluded two days of mediation with FMCS mediators and representatives of the NHL Players' Association," Bill Daly said in a statement reported by NHL.com. "After spending several hours with both sides over two days, the presiding mediators concluded that the parties remained far apart, and that no progress toward a resolution could be made through further mediation at this point in time. We are disappointed that the mediation process was not successful."

Further discussions have yet to be scheduled, but NHL Commissioner Gary Bettman has suggested that players meet with owners without the representation of the NHLPA. Though a dangerous line could be crossed by the players if they agree to this, no answer has been given to Bettman's request at this time.

With federal mediation breaking up after just two days, the outlook on salvaging any part of the season doesn't look good. It seems to be only a matter of time before the rest of the season is canceled.